median 1,582 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 652 €/mo rent · pays for itself in ~ 12 yrs
~45,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Vladislav Varnenchik 2 (32 properties)
Fair investment rating
The rent covers 101% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 45,000 € above the typical price (the median) for 3-room apartments in Vladislav Varnenchik 2 (32 properties) — 2,264 €/m² against 1,558 €/m².
Apartment with three rooms in the district of Vladislav Varnenchik, Varna, located on the 6th floor of a 7-storey prefab panel building.
The layout includes a wide corridor, living room with kitchen and dining area, two bedrooms, bathroom, storage/laundry room and two terraces, providing functional use of the space.
The apartment has undergone full renovation, with replaced electrical and plumbing installations, external thermal insulation and quality flooring – laminate and granite tiles. The building has an elevator and controlled access.
The location is convenient with proximity to schools, kindergartens, a medical centre and markets, while the area offers green spaces and good infrastructure with easy access to public transport.
The property is suitable for families seeking a practical home in a well-established district with all necessary amenities nearby.
With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 652 €. The rent covers the whole payment (101%).
Source: Market statistics for 3-room apartments in Vladislav Varnenchik 2
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,582 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 652 €/mo rent · pays for itself in ~ 12 yrs
median 1,558 €/m² for comparable properties
Rent covers ~ 127% of the payment
~ 652 €/mo rent · pays for itself in ~ 15 yrs
median 1,757 €/m² for comparable properties
Rent covers ~ 150% of the payment
~ 652 €/mo rent · pays for itself in ~ 13 yrs
median 1,558 €/m² for comparable properties
Rent covers ~ 103% of the payment
~ 652 €/mo rent · pays for itself in ~ 18 yrs
median 1,558 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 652 €/mo rent · pays for itself in ~ 16 yrs
median 1,582 €/m² for comparable properties
Rent covers ~ 278% of the payment
~ 652 €/mo rent · pays for itself in ~ 7 yrs
median 1,757 €/m² for comparable properties
Rent covers ~ 163% of the payment
~ 652 €/mo rent · pays for itself in ~ 11 yrs
median 1,757 €/m² for comparable properties
Rent covers ~ 134% of the payment
~ 652 €/mo rent · pays for itself in ~ 14 yrs